Transcontinental Realty Investors (NYSE:TCI) Now Covered by Analysts at StockNews.com

StockNews.com began coverage on shares of Transcontinental Realty Investors (NYSE:TCI) in a report issued on Friday morning. The firm issued a sell rating on the real estate investment trust’s stock.

Transcontinental Realty Investors Trading Down 1.8 %

NYSE:TCI opened at $27.61 on Friday. The stock has a fifty day moving average price of $29.08 and a 200 day moving average price of $30.09. Transcontinental Realty Investors has a 12-month low of $26.91 and a 12-month high of $43.40. The firm has a market cap of $238.55 million, a PE ratio of 47.60 and a beta of 0.59.

Institutional Trading of Transcontinental Realty Investors

A hedge fund recently raised its stake in Transcontinental Realty Investors stock. Russell Investments Group Ltd. increased its holdings in Transcontinental Realty Investors, Inc. (NYSE:TCI) by 340.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 90,821 shares of the real estate investment trust’s stock after acquiring an additional 70,189 shares during the quarter. Russell Investments Group Ltd.’s holdings in Transcontinental Realty Investors were worth $3,419,000 at the end of the most recent quarter.

About Transcontinental Realty Investors

Transcontinental Realty Investors, Inc, a Dallas-based real estate investment company, holds a diverse portfolio of equity real estate located across the U.S., including office buildings, apartments, shopping centers, and developed and undeveloped land. The Company invests in real estate through direct ownership, leases and partnerships and invests in mortgage loans on real estate.